ThredUp Financials

TDUP Stock  USD 1.55  0.21  15.67%   
Based on the analysis of ThredUp's profitability, liquidity, and operating efficiency, ThredUp may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. At this time, ThredUp's Long Term Debt is relatively stable compared to the past year. As of 11/23/2024, Cash And Short Term Investments is likely to grow to about 84 M, while Retained Earnings are likely to drop (502.8 M). Key indicators impacting ThredUp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.281.2245
Sufficiently Up
Slightly volatile
The essential information of the day-to-day investment outlook for ThredUp includes many different criteria found on its balance sheet. An individual investor should monitor ThredUp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in ThredUp.

Net Income

(74.81 Million)

  
Understanding current and past ThredUp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ThredUp's financial statements are interrelated, with each one affecting the others. For example, an increase in ThredUp's assets may result in an increase in income on the income statement.

ThredUp Stock Summary

ThredUp competes with Qurate Retail, Hour Loop, Solo Brands, 1StdibsCom, and Natural Health. ThredUp Inc., together with its subsidiaries, operates online resale platforms that allows consumers to buy and sell secondhand womens and kids apparel, shoes, and accessories. ThredUp Inc. was incorporated in 2009 and is headquartered in Oakland, California. Thredup Inc operates under Internet Retail classification in the United States and is traded on NASDAQ Exchange. It employs 2894 people.
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS88556E1029
CUSIP88556E102
LocationCalifornia; U.S.A
Business Address969 Broadway, Oakland,
SectorSpecialty Retail
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.thredup.com
Phone415 402 5202
CurrencyUSD - US Dollar

ThredUp Key Financial Ratios

ThredUp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab16.1M13.5M35.6M29.9M28.7M25.7M
Other Liab712K1.9M1.1M3.0M3.5M3.6M
Net Tangible Assets(183.2M)(222.2M)179.6M117.9M135.6M142.4M
Retained Earnings(203.7M)(252.2M)(315.3M)(407.6M)(478.9M)(502.8M)
Accounts Payable14.2M23.1M13.3M7.8M9.5M9.8M
Other Assets2.1M3.0M132.4M7.0M8.0M7.6M
Net Receivables2.9M1.8M4.1M4.7M7.8M4.3M
Inventory3.9M3.5M9.8M17.5M15.7M10.4M
Other Current Assets2.0M5.3M8.6M7.1M6.2M5.4M
Total Current Assets94.4M75.2M228.4M134.2M93.9M119.3M

ThredUp Key Income Statement Accounts

The reason investors look at the income statement is to determine what ThredUp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision36K56K80K35K28K36.3K
Net Interest Income(1.4M)(1.3M)(2.3M)(805K)(1.6M)(1.6M)
Interest Expense1.4M1.3M2.3M805K2.2M1.6M
Total Revenue163.8M186.0M251.8M288.4M322.0M246.0M
Gross Profit112.5M128.1M178.1M192.3M213.8M165.5M
Operating Income(36.8M)(46.6M)(62.4M)(89.5M)(71.8M)(75.4M)
Ebit(36.8M)(46.5M)(60.8M)(91.4M)(69.0M)(72.4M)
Ebitda(32.5M)(36.9M)(47.7M)(70.9M)(43.9M)(46.1M)
Cost Of Revenue51.3M57.9M73.7M96.0M108.2M80.4M
Income Before Tax(38.2M)(47.8M)(63.1M)(92.2M)(71.2M)(74.8M)
Net Income(38.2M)(47.9M)(63.2M)(92.3M)(71.2M)(74.8M)
Income Tax Expense36K56K80K35K19K35.1K

ThredUp Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory2.3M374K(2.7M)(7.9M)2.2M2.3M
Investments8.3M(19.4M)(122.4M)52.2M64.2M67.4M
Change In Cash79.8M(20.3M)24.3M(47.8M)17.4M18.3M
Net Borrowings7.9M17.2M625K(5.9M)(5.3M)(5.1M)
Free Cash Flow(19.6M)(38.5M)(54.8M)(95.4M)(38.6M)(40.5M)
Depreciation4.3M5.6M9.2M14.0M18.7M10.3M
Other Non Cash Items1.1M4.6M4.0M12.1M7.2M5.4M
Capital Expenditures9.5M19.4M19.8M43.3M16.0M22.4M
Net Income(38.2M)(47.9M)(63.2M)(92.3M)(71.2M)(74.8M)
End Period Cash Flow87.9M67.5M91.8M44.1M61.5M66.1M
Change To Netincome8.8M11.9M19.3M32.4M37.3M39.1M

ThredUp Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ThredUp's current stock value. Our valuation model uses many indicators to compare ThredUp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ThredUp competition to find correlations between indicators driving ThredUp's intrinsic value. More Info.
ThredUp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, ThredUp's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value ThredUp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

ThredUp Systematic Risk

ThredUp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ThredUp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on ThredUp correlated with the market. If Beta is less than 0 ThredUp generally moves in the opposite direction as compared to the market. If ThredUp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ThredUp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ThredUp is generally in the same direction as the market. If Beta > 1 ThredUp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in ThredUp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ThredUp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ThredUp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.12

At this time, ThredUp's Price Earnings To Growth Ratio is relatively stable compared to the past year.

ThredUp November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ThredUp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ThredUp. We use our internally-developed statistical techniques to arrive at the intrinsic value of ThredUp based on widely used predictive technical indicators. In general, we focus on analyzing ThredUp Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ThredUp's daily price indicators and compare them against related drivers.

Additional Tools for ThredUp Stock Analysis

When running ThredUp's price analysis, check to measure ThredUp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ThredUp is operating at the current time. Most of ThredUp's value examination focuses on studying past and present price action to predict the probability of ThredUp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ThredUp's price. Additionally, you may evaluate how the addition of ThredUp to your portfolios can decrease your overall portfolio volatility.